RE:RE:Huge support It's not a $2 stock, but it's also not a $1 stock. The bid is now 170k @ $1, and 74k at $0.99. That is huge support, and yes, it could be pulled, but I doubt it.
It's hard to justify how GDNP is worth a multiple times revenue when they're buying businesses for 1x revenue. It's not the only metric to use of course, but I think it helps to maintain some perspective when trying to identify what GDNP is actually worth.
I've reduced my year-end target to $1.35, and my 12 month target to $1.60. That's assuming no new acquisitions, and organic growth within the limited guidance we get. A lot could change in the meantime.
tinselfarm wrote: True but as we have seen that support can be gone in about 3 seconds. Reality is this is presently a $2 stock that is trading at a massive discount......but nobody cares.